Altur (BSE:ALT) Days Payable : 189.88 (As of Sep. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Altur Days Payable?

Altur's average Accounts Payable for the three months ended in Sep. 2023 was lei25.0 Mil. Altur's Cost of Goods Sold for the three months ended in Sep. 2023 was lei12.0 Mil. Hence, Altur's Days Payable for the three months ended in Sep. 2023 was 189.88.

The historical rank and industry rank for Altur's Days Payable or its related term are showing as below:

BSE:ALT' s Days Payable Range Over the Past 10 Years
Min: 69.6 Med: 131.65 Max: 146.05
Current: 108.54

During the past 13 years, Altur's highest Days Payable was 146.05. The lowest was 69.60. And the median was 131.65.

BSE:ALT's Days Payable is ranked better than
75.3% of 1259 companies
in the Vehicles & Parts industry
Industry Median: 65.87 vs BSE:ALT: 108.54

Altur's Days Payable increased from Sep. 2022 (92.72) to Sep. 2023 (189.88). It may suggest that Altur delayed paying its suppliers.

Altur Days Payable Historical Data

The historical data trend for Altur's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Altur Days Payable Chart

Altur Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

145.44

139.22

146.05

132.26

84.55

Altur Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															92.72	80.50	71.85	135.20	189.88

Competitive Comparison of Altur's Days Payable

For the Auto Parts subindustry, Altur's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Altur's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Altur's Days Payable distribution charts can be found below:

* The bar in red indicates where Altur's Days Payable falls into.

Altur Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Altur's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (21.13	+	16.206)	/	2 )	/	80.59	*	365
=	18.668					/	80.59	*	365
=	84.55

Altur's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (27.079	+	22.963)	/	2 )	/	12.024	*	365 / 4
=	25.021					/	12.024	*	365 / 4
=	189.88

Altur Days Payable Related Terms

Thank you for viewing the detailed overview of Altur's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Altur (BSE:ALT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Altur SA (BSE:ALT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

114 Pitesti Street, Olt County, Slatina, ROU

Website

http://www.altursa.ro

Altur SA is engaged in the manufacturing of other parts and accessories for motor vehicles. The company serves city and field vehicles, tractors and agricultural machinery, the motor vehicle and passenger transport industry, and electrotechnical industry, and natural gas heating systems. Its products include Gravitational and Pressurized casting.